How To Buy Hawksight (HAWK)?

A common question you often see on social media from crypto beginners is “Where can I buy Hawksight?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Hawksight (HAWK)

First, you will need to open an account on a cryptocurrency exchange that supports Hawksight (HAWK).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Hawksight (HAWK) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Hawksight (HAWK)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Hawksight (HAWK) or Hawksight (HAWK) trading pairs. Look for the section that will allow you to buy Hawksight (HAWK), and enter the amount of the cryptocurrency that you want to spend for Hawksight (HAWK) or the amount of fiat currency that you want to spend towards buying Hawksight (HAWK). The exchange will then calculate the equivalent amount of Hawksight (HAWK) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Hawksight (HAWK) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

Alternative ways to buy Hawksight (HAWK)

Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Hawksight (HAWK)?

Hawksight is a Solana-based protocol for decentralized, non-custodial investment management and quantitative trading.

The goal of Hawksight is to make it easy for anyone to invest, create or manage vaults and top performing trading strategies in crypto, DeFi, NFT and synthetic assets.

Building on top of the Solana ecosystem allows Hawksight to achieve the scalability, user-friendliness, speed, and security needed to fulfill its mission and accelerate mainstream DeFi adoption. Solana will be an important starting point, after which the team aims to expand cross-chain with a focus on Terra.

Hawksight has developed a profit-optimized trading signal push AI engine that is being used to reach over 1.2 million individuals and organizations around the world via web platform, email, Telegram chatbot, Discord chatbot, and API. This AI tool will be gradually decentralized, according to the roadmap.

Main features of Hawksight (HAWK)

• Easy 1-click investment: Discover top performing vaults that allow you to invest and yield farm with profit-optimizing strategies on Solana & Terra. Maximize returns from asset growth plus returns.
• Low fees, deposit and withdraw anytime: Start with as little as $10 USDC and join Hawksight in its mission to empower and “mine” the next 1 million DeFi users.
• Access any property: Directly execute trading strategies to trade multiple cryptocurrencies, DeFi, NFT or synthetic assets, via DEXs including Serum, Raydium and Synthetify.
• Security: Users have full ownership and control over their investments in their own private wallet. Hawksight’s DeFi application is also tested in the field through internal and external evaluation and will set aside insurance funds to protect users.

How does Hawksight (HAWK) work?

To leverage the DeFi super-app, users only need to deposit $10 or more worth of USD stablecoins into the Hawksight platform. After depositing funds, users can discover top-performing vaults in which they can invest and farm for yields through profit-optimized strategies. These strategies enable users to profit from asset gains as well as yield.

The platform taps into decentralized exchanges, including Serum, Raydium, and Synthetify, to let users access a wide range of assets. Additionally, the platform offers this wide-ranging asset selection at low fees. The icing on the cake is that users can deposit or withdraw funds at anytime.

Hawksight offers users the flexibility to invest in vaults based on their risk-return profiles and preferences. The platform’s users also get an elevated sense of security, seeing as Hawksight’s non-custodial model allows them to retain full ownership and control over their assets.

What is the HAWK Token?

The Hawksight Token, $HAWK, will serve multiple functions:

• Protocol fees will be allocated to HAWK staking rewards, the treasury, and will be dedicated to HAWK token burning.
• Incentivize investors to invest in top-performing vaults.
• Incentivize creators to create top-performing vaults.
• Staking rewards for $HAWK yield and vault fee discounts
• Hawksight Premium Features for Stakers (AI-driven trading signals and social signals)
• Decentralized governance should be encouraged.

The main utility of HAWK is to function as the base platform currency to enable the continued operation of the Hawksight. Hawksight HAWK is spent by users to pay for entry and exit fees to Hawksight strategies and vaults, or locked by creators to reduce the Hawksight’s share of management fees.

A fee payable in HAWK on top of the existing Hawksight fee structure ensures that the protocol can run smoothly and that it can be maintained and upgraded over time.

With regards to decentralized governance, HAWK will allow holders of HAWK to propose and vote on on-chain governance proposals to determine future features of Hawksight (the right to vote is restricted solely to voting on features of Hawksight; it does not entitle HAWK holders to vote on the operation and management of the company, its affiliates, or their assets, or the disposition of such assets to token holders, and does not constitute any equity interest in any of these entities, and the arrangement is not intended to be any form of joint venture or partnership).

Hawksight also provides economic incentives, which will be distributed to encourage users to contribute to and maintain the ecosystem of Hawksight, thereby nurturing a win-win scenario for every stakeholder. Hawksight is an integral and indispensable part of Hawksight because, without it, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on Hawksight. Given that an additional HAWK will be awarded to a user based only on their actual usage, activity, and contribution to Hawksight, users of Hawksight and/or holders of HAWK who did not actively participate will not receive HAWK incentives.

Hawksight development updates in 2023

Hawksight (HAWK) has undergone significant developments in 2023, with a focus on enhancing its platform and expanding its offerings in the decentralized finance (DeFi) sector. Here are the most important updates for Hawksight this year:

• Expansion on Solana Blockchain: Hawksight continues to leverage the Solana blockchain’s capabilities for its DeFi super-app. This choice underlines its commitment to providing scalable, user-friendly, and secure investment management and quantitative trading solutions.

• AI-Driven Trading Signals and Social Signals: A key feature of Hawksight in 2023 is its AI engine, which provides over 200 technical indicators. This engine broadcasts profit-optimized trading and social signals to a global audience of over 1.4 million individuals and institutions through various platforms, including web platforms, email, Telegram chatbot, Discord chatbot, and API.

• DeFi Strategies Automation: Hawksight simplifies the investment process by automating DeFi strategies, allowing users to deposit USDC and discover top-performing vaults for investment and yield farming. These strategies are optimized for profit, combining asset gains with yield farming benefits.

• Low Fees and Flexible Transactions: The platform emphasizes low fees and offers the flexibility for deposits and withdrawals at any time. This approach is designed to make DeFi accessible to a wider audience.

• Enhanced Security Measures: Security is a top priority for Hawksight. The platform has undergone multiple internal and external audits (by CertiK and Sec3) to ensure the highest levels of security. Additionally, an insurance fund has been established to protect user assets.

• NFT Integration and Hawksight NFTs: Hawksight introduced Debonair Degen Hawks NFTs, providing holders with several benefits such as AI-powered signals, boosted DeFi yields, NFT staking rewards, and participation in HawkDAO for revenue generation and vault expansion.

• Deflationary Token Design: The $HAWK token, serving as the base currency within the Hawksight ecosystem, features a deflationary design to potentially increase its value over time.

• Cross-chain Support Plans: Hawksight aims to offer cross-chain support, expanding beyond the Solana ecosystem. Terra is identified as the immediate focus for this expansion.

• Mobile Strategy and User Expansion: The platform is working on expanding its reach through mobile applications and social channel-partner signal integrations, aiming to become a gateway to DeFi investment.

These updates showcase Hawksight’s efforts to enhance its platform’s capabilities, focusing on AI-driven solutions, security, and user accessibility, while expanding its reach in the DeFi space.

Official website: https://hawksight.co/#/

Best cryptocurrency wallet for Hawksight (HAWK)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Hawksight (HAWK)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).